What Does A Minimum Payment On A Credit Card Mean? A minimum payment is the smallest amount your credit card issuer will accept toward your credit card balance each month. You must pay at least this amount for your payment to be considered “on time,” and to avoid late fees and other penalties. How much
What Does Minimum Payment Mean On Credit Card? What does minimum payment mean on credit card? The minimum payment is the smallest amount of money that you have to pay each month to keep your account in good standing. The statement balance is the total balance on your account for that billing cycle. The current
How Much To Pay On Credit Card? Key takeaways. In general, if you pay your credit card bill in full every month and you don’t regularly use more than 30% of your credit limit, then it doesn’t matter too much when you pay — as long as you do so by the due date. How